24. An acceptance sampling plan with n = 15 and c = 1 was designed with a...

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24. An acceptance sampling plan with n = 15 and c = 1 was designed with a producer's risk of .075.

a. Was the value of p, equal to .01, .02, .03, .04, or .05? What does this value mean?

b. What is the consumer's risk associated with this plan if p, is .25?

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Essentials Of Modern Business Statistics

ISBN: 9780324312843

3rd Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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